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Peoples are deman housing and flats in small town, so the small town peoples are demand house in small town and area locality. Rather than people have no house and no flats in living.

According to a study by the Associated Chambers of Commerce and Industry of India (Assocham), housing demand in small towns witnessed a 25 percent fall during February-July 2008 period because of higher cost of borrowing. The report said realty transaction has gone down by nearly 25 percent in most of tier II and tier III cities between February and July 2008. Assocham Secretary General D.S. Rawat said: “Approximately 15 million people in about 30-40 tier II and tier III cities were unable to make purchases as higher inflation and interest rate have dampened their enthusiasm and eroded their budget.”

 

The Assocham study is based on feedback from affiliated real estate majors like Parsvnath, Omaxe, DLF, Unitech, and BPTP, which are developing projects in small towns. Besides rising cost, non-availability of inputs such as bricks, cement and steel, and power shortage also cause inordinate delays in project completion. The chamber has urged the government to introduce real estate investment trusts (REITs) to bring the much needed class of institutional investors to strongly support the domestic real estate market. According to the Assocham, REITs can also help develop commercial mortgage backed securities (CMBS) market and create a source of cheaper debt for commercial real estate. The real estate trend has not been quoted as favourable by the analysts.

 

Indirapuram is becoming an all-time favourite residential destination of the salaried class because of its proximity to noida, greater noida, Ghaziabad and Delhi.

Divided into different 'khands' (sectors), Indirapuram is one of the premier-lifestyle residential areas, situated just 13 kilometres from Connaught Place. Ghaziabad Development Authority (GDA) had demarcated this residential colony about 14 years ago. It is becoming the all-time favourite residential destination of people working in various private and public sectors because of its proximity to Noida, Greater Noida, Ghaziabad and Delhi - all located within easy distance. A number of proposed and ongoing shopping malls and multiplexes have enhanced its prospects further.

  

The residential area stretches across 8-10 km, all of which came up in the late nineties. Most of the development, however, has taken place in the past one-and-half year. Indirapuram has a number of residential options for the middle-income, salaried and business class. It is divided into a number of khands. A large number of private builders are developing housing projects that provide all types of facilities. The concept of five-star apartments that includes facilities like a swimming pool, golf course, restaurant, digital cinema and banking has raised the value of real estate here.  

Puspahas Agrawal, MD of the Meriton Group, says, "To enhance the ultimate experience of luxurious residents, Orange County spread over 10 acres at Ahinsa Khand, in Indirapuram offers unique services like this upside down club. Keeping in mind all personal and business requirements, there is a perpetual endeavour to deliver them accordingly and guarantee a high standard of comfort and excellence. Here, 850 flats are being constructed with floor areas of 1,224 sq ft (two bedroom); 1,723 sq ft (three bedroom), and 2,653 sq ft (four bedroom), and prices vary from Rs 45 lakh to 2 crore." The apartments have been provided with the latest recreational facilities like spa and sauna, fully modernised gym, and Jacuzzi.

  

"So now continuing with our drive to provide the best of everything, we are planning to come up with something so unique and different that it will redefine the concept of luxury in recreation and leisure. Its uniqueness comes with the fact that it is the first of its kind in India. The club at Orange County, which we are calling the 'Flip Caracalla Club' (inverted club), is a building 'turned upside down'. Yes, you read it right, 'it's inverted'," says Puspahas.

  

Supertech is also constructing Super Icon in Nyay Khand, Indirapuram. Its CMD, R K Arora, says, "We are developing this project over 10 acres. In Supertech Icon, two and three bedrooms apartments and penthouses are available. Six hundred flats will be constructed in three phases. In Phase1 part of development, around 200 flats have already been constructed."  

Sandeep Goel, MD of MSX, says, "On the left side of NH-24, Indirapuram is developing fast with wide roads, underground cabling and drainage system and offers amenities and infrastructure facilities of global standards. There are several reputed educational institutions, shopping centres and medical facilities, while many more are expected to come up. Moreover, the prospects of aesthetically developed theme parks and entertainment complexes point to the area's potential for commercial and institutional growth."

With 2010 Commonwealth Games fast approaching, many projects are on the anvil - like the Metro Rail, a couple of flyovers on NH-24 is proposed, a 14-acre habitat centre and several malls. However, the bottlenecks are the basic infrastructure like roads, sewerage and local transportation; also NH-24 needs to be widened.

The ATS Group has already launched ATS Advantage in Ahinsa Khand, Indirapuram. According to Pitamber Anand, MD of ATS Group, the size of apartments range from 1,600 sq ft to 2,800 sq ft. The project is likely to be completed by December 2010. Indirapuram residential area is divided into eight khands like Niti Khand, Gina Khand, Shanty Khand, Ahoy Khand, and Vaughan Khand. Of these, Vaughan Khand is considered to be a posh khand where 20,000 flats are proposed to be constructed in the near future by developers like Jaipuria, Niho, Rajhans, Parsvnath and Krish. GDA has also constructed a large number of flats in different khands, excepting in Vaibhav Khand, which has been the sole preserve of private builders and developers. GDA has constructed all types of flats, from LIG to duplex type flats.

                                                                                 Courtesy ET dtd:- 31th Oct. 2008

  
Real Estate Is A Good Hedge against Inflation, Explains
 
Which is a better option if you have some excess funds to invest — stocks or real estate? The most sincere advice you get from friends is real estate. But how accurate is this advice? Traditionally, a house was an asset, usually inherited by a son from his father. Often, it was towards the fag end of his career that a salaried person could afford to buy his dream house. However, easy availability of home loans at attractive rates has changed this scenario. It has become an essential ingredient of a well-diversified portfolio and indispensable in financial planning.
 
Benefits of investment in real estate   
 
Real estate investment helps in diversification, yield enhancement and hedging inflation. If you have enough endurance to withstand the current interest rate turbulence, it may be the right time to invest in your own house. Property prices are at reasonable levels. With our population growing at a phenomenal pace, the demand for commercial and residential space is bound to go up. This sector is bound to see tremendous growth in the coming years. 
Real estate funds   
 
Wouldn't it be nice if an investor could own a share of the property, for a fraction of the investment? Real estate mutual funds and real estate trusts provide an opportunity to own a part of the property that would otherwise be unaffordable. Be it a shopping complex, or a commercial space or a luxury apartment - these investment products make investing, selling and profit sharing extremely simple. The fund manager takes the responsibility of evaluating the asset, maintenance of property, tax implications and rent collections.
 
Benefits of investment in stocks   
 
Following the global meltdown, the stock markets have taken a tremendous beating. The markets have wiped away huge money, plunging many small investors into a nightmarish debt traps. Despite Washington's approval of a 700 billion dollar bailout aimed at forestalling a global financial meltdown, the inevitable doom couldn't be averted.
  
Volatility is an accepted and inseparable part of stock market investments. Invest regularly with a long-term perspective in mind. If you start investing early, you can benefit from the power of compounding. If you are uncomfortable with the stock markets, professionally managed mutual funds are an option. In the current scenario, experts advise that investors keep away from the turbulent markets. Do not indulge in buying stocks that has hit rock bottom, or contemplate selling at a loss. It is believed that the markets will rebound in full vigour and investors must wait for it. 
Between stocks and real estate   
 
Stock markets are associated with volatile returns. Bank deposits are known for their limited or low returns. Investment in property is perceived as low risk and high yield alternative. Today, a real estate investment is poised more favourably.
 
                                          Courtesy:- TOI dtd:- 1^st Nov 2008